Financial Independence

Trying to pay off credit card debt is daunting if you carry significant balances, but it is possible. Paying off this debt entirely is challenging and will take work and time. Taking a glance at credit card statistics, you’ll realize you’re far from being alone: Since the pandemic, strong consumer spending has resulted in surging debt levels, especially on credit cards, and if left unpaid, become quite toxic to your finances. It is more important than ever to learn to pay off credit card debt. Why Paying Off Your Credit Card … Read more

Coming out of one of the most volatile years on record for the stock market, investors are looking for ways to take back some control over their investments—especially the savings they’re putting away for retirement. Stacker analyzed common retirement savings best practices from sources including the Federal Deposit Insurance Corp. and the Securities and Exchange Commission, along with reports from reputable news and financial institutions, so that you don’t have to. Think of these suggestions as a kind of spring cleaning for your finances. Much like other important … Read more

Financial freedom might seem out of reach while staring up at a mountain of debt, but no one appears at the top of Mt. Everest. You get there one step at a time. “Right now, many Americans are a medical emergency or a natural disaster away from bankruptcy,” says Debt.com chairman Howard Dvorkin, CPA. “Their finances are so precarious, any income disruption or debt addition would push them over a cliff.” You’ll be much more successful if you have a thorough attack plan for your debt. Once you … Read more

Working towards early retirement is a goal in and of itself. But what if you retire early? What would you do if you retired early?

Retirement offers the chance to travel, spend time with family, indulge in hobbies, and lead the lifestyle of your dreams. While retirement can result in stress, anxiety, and sadness, it can also serve as a reward. Suppose you’ve done your retirement planning and retirement savings ahead of time. In that case, your post-retirement work can be rewarding and enjoyable – even at an old age! Below are different retirement quotes, whether you’re the retiree or one of your favorite coworkers. What To Say to Colleagues When You Are Retiring Many … Read more

Does the idea of early retirement sound appealing? It’s a lifelong dream for millions of Americans, but it could also become a reality when you make smart money moves at the right times. Achieving early retirement often requires sacrifices throughout your life. In your working years, you’ll need to avoid the temptation of keeping up with the Joneses to ensure more of your money is saved for retirement than squandered on shopping sprees. And to avoid running out of money after you retire, visions of champagne and caviar … Read more

Surely you have read or, at least, heard about The Law of Attraction? Let’s dive into how to use this law to your advantage and how to manifest money. The Law of Attraction is often spoken about with a certain level of mystery. But what is this so-called law, and how does one manifest money with it?  The Law of Attraction is the ability to attract anything into your life, whatever you want and focus on. If you’re focused on money, you tend to attract more money into … Read more

At the end of the year, when holiday celebrations and expressions of gratitude are in full swing, many people think about making a charitable donation. Maybe it’s the animal shelter around the corner from your home, or perhaps it’s a scholarship fund at your alma mater that does amazing work. Whatever pulls at your heart and makes you feel like you’re doing the right thing can be a good cause for donations. From early fall right up to December 31 can be a great time to dip into … Read more